Overview / Commentary
First Choice Federal Credit Union is headquartered in New Castle and is the 98th largest credit union in the state of Pennsylvania. It is also the 2,072nd largest credit union in the nation. It was established in 1952 and as of March of 2025, it had grown to 14 employees and 7,808 members at 2 locations. First Choice Federal Credit Union has an A health rating.
Field of Membership Restrictions
First Choice Federal Credit Union is open to those who live, work, attend school or church, or volunteer in Lawrence County. Membership also extends to immediate family, and Select Employee Groups (must contact credit union for a list of Member Companies).
See current membership details
Health
A
Data as of Q1 2025
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. First Choice Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 8229 |
| Year Chartered | 1952 |
| Employees | 14 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.6% |
| Return on Equity - YTD | 14.72% |
| Annual Interest Income | $997K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $76.6MM$70.3MM |
| Loans | Q1 2025vs Q1 2024 | $50.4MM$53.6MM |
| Deposits | Q1 2025vs Q1 2024 | $67.4MM$62.2MM |
| Equity Capital | Q1 2025vs Q1 2024 | $8.2MM$7MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $396K$346K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $522K$289K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |